The Venture Codex Logo

The Venture Codex

Boreal Ventures

3 Place Ville Marie, Office 12350, Montréal, QC, H3B 0E7, Canada

Overview

Boreal Ventures is a venture capital firm based in Montreal, Canada. The firm seeks to invest in startups operating in Medtech, health tech, artificial intelligence, semiconductors, cleantech, industry 4.0, and other science-based innovations.

Total investments
14
Lead investments
4
Investments · 12mo
4
Active investors
3

Sector focus

  • Venture Capital
Visit website

Investment portfolio

  • Paraito

    Participated · Seed · Jul 2026

    Paraito builds AI agents trained in civil law and land registers to autonomously collect property title acts, parse century-old handwritten indexes, and assemble structured, audit-ready real estate files. The company is developing Paraito Vista, an AI-driven multi-layer spatial data mapping utility that enables conversational exploration of dozens of mapped data layers in natural language. Paraito is led by CEO Annie Zheng and is based in Montreal, Canada. In July 2026 the company raised C$2.65M in pre-seed funding to scale its securities verification platform, expand its machine learning team, and commercialize Paraito Vista. The article does not disclose revenue, user metrics, or valuation.

  • Pricepoint

    Participated · Seed · Jun 2026

    Pricepoint provides an AI-native Autonomous Revenue Engine (ARE) that continuously analyzes live demand signals, booking behavior, and market conditions to automatically optimize pricing and revenue performance for hotels, hostels, and modern accommodation providers. The platform integrates with leading property management systems, channel managers, and booking engines to execute pricing strategies in real time rather than delivering manual recommendations. Pricepoint positions itself to lead a structural shift in the traditional Revenue Management System category by combining AI, automation, and hospitality expertise. The company is headquartered in Montreal and serves hospitality businesses globally. Following the $6.6M seed raise, Pricepoint plans to invest in product and engineering, expand integrations, strengthen AI infrastructure, hire additional staff, and pursue international expansion.

  • SmartD Technologies

    Participated · Equity · Apr 2026

    SmartD Technologies develops SiC-based variable-speed drives that it says feed motors with true sine waves, enabling filter-free drive systems that meet IEEE 519 harmonic recommendations (under 5% THDi). Its Clean Power drives use wide-bandgap SiC devices and multilevel inverter (MLI) topology to reduce switching losses, improve efficiency, lower torque ripple, and eliminate the need for external harmonic and output filters. The company reports growing commercial momentum and adoption in sectors such as water infrastructure and data centres and says it is transitioning from innovation to scale. SmartD claims its technology cuts capital and operating costs by removing external filters and oversized infrastructure, allows long cable runs, and extends motor and electrical infrastructure life. The firm is focused on scaling deployment across global markets following recent funding.

  • Femtum

    Participated · Series A · Mar 2026

    Femtum develops laser technologies and solutions aimed at advanced semiconductor manufacturing. The company positions its technology as enabling critical laser processes needed for next-generation chips powering the AI era. After closing an oversubscribed $16M Series A, Femtum plans to accelerate deployment of its laser technologies. Cathay Venture's participation is noted as helping the company deepen its presence in the global semiconductor ecosystem, particularly in Taiwan. The company described the financing as a milestone and credited investor introductions and CFO Francois Courteau for executing the round.

  • FLiiP

    Participated · Seed · Feb 2025

    Founded in 2016 by former gym owner David Bourbonnière, Montreal-based FLiiP offers a comprehensive management and CRM platform designed specifically for fitness operators with multiple locations. The cloud service unifies operations, payments, and customer relationship management in a single system, helping gyms reduce churn, increase engagement, and unlock additional revenue through intelligent automation and actionable insights. Advanced AI features enable operators to streamline daily tasks and focus on member experience and growth. The product emphasizes scalability and simplicity, allowing customers to expand confidently across locations and geographies. FLiiP now supports gyms in more than 10 countries and counts investors such as Cultivation Capital and Boreal Ventures among its backers. The company positions itself as a revenue-growth tool as well as an operational hub for ambitious gym owners. No financial performance metrics (e.g., revenue or user numbers) were disclosed in the article.

Team